Question
Jade writes seven naked option contracts, with each contract being on 100 shares. The option price is $6 and the time to maturity is nine
Jade writes seven naked option contracts, with each contract being on 100 shares. The option price is $6 and the time to maturity is nine months. The stock price is $84. What is the margin requirement if the options are call options with an exercise price of $95?
| A. | $10,850 | |
| B. | $8,260 | |
| C. | $10,080 | |
| D. | $15,960 |
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
